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VIPBitget VIP Weekly Research InsightsLiquid staking emerged after Ethereum transitioned from a proof-of-work to a proof-of-stake mechanism. Its primary goal is to enhance asset utility by allowing users to earn staking rewards while maintaining the liquidity of their staked positions. Currently, mainstream liquid staking protocols allow users to stake their assets in exchange for liquid staking tokens (LSTs). For instance, by staking ETH on platforms such as Lido, users receive stETH tokens. This approach is commonly referred to as "liquid staking derivatives" (LSDs). Since Binance hinted at collaborating with Sanctum to launch the Solana liquid staking token BNSOL, Sanctum's governance token CLOUD has gained significant attention, rising despite unfavorable market trends. On September 5, Bybit announced its partnership with Solayer to launch bbSOL. Additionally, major exchanges have unveiled plans to introduce Solana LST tokens. EigenLayer also began its second season of airdrop claims this week, with its governance token EIGEN potentially circulating by the end of September. The LSD and restaking sectors are gaining quiet momentum, potentially setting the stage for a new wave of hype around restaking within the SOL ecosystem.
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VIPBitget VIP Weekly Research InsightsUS initial claims for unemployment insurance and the unemployment rate are being released this week, key factors influencing the Federal Reserve's decision on interest rate cuts in September. The market has been sluggish recently, with noticeable risk-averse sentiment. Bearish sentiment among community users and the arrest of Telecom's CEO, a black swan event, have further dampened the mood, resulting in average performance for blue-chip coins and altcoins. The market tends to fluctuate significantly when macroeconomic data is about to be released. It is reasonable to reduce leverage, maintain reasonable position sizes, and preserve funds to buy the dip. We will introduce upcoming token launches on Bitget, on-chain earning opportunities with USDT/USDC and SOL, and speculative targets in the Solana Liquid Staking (LSD) sector.
- 03:19Top 5 increase today: CHILLGUY's 24-hour increase is 1,017.00%Bitget market data, today's top 5 tokens in terms of increase are CHILLGUY, THE, NMT, OORT, PUFFER. Among them: CHILLGUY has increased by 1,017.00% in the last 24 hours and is currently priced at $0.5585; THE has increased by 137.17% in the last 24 hours and is currently priced at $3.1840; NMT has increased by 88.64% in the last 24 hours and is currently priced at $3.66585; OORT has increased by 70.51% in the last 24 hours and is currently priced at $0.16712; PUFFER has increased by 50.98% in the last 24 hours and is currently priced at $0.6332.
- 03:04Michael Saylor: MicroStrategy is a response to the credit default swap of over 100 trillion dollars in assets in the 20th centuryMicroStrategy founder Michael Saylor posted on platform X, stating that MicroStrategy is a response to the credit default swap of over 100 trillion dollars in assets from the 20th century. (Note: Credit Default Swap, also known as credit default interchange or credit derivative tool, is one of the main tools for off-exchange trading to mitigate credit risk. It can be seen as a kind of insurance against financial asset defaults.)
- 03:00Tether CEO: Tether's bulk commodity liquidity pool could reach 5 billion US dollars by 2026According to reports, after recently venturing into commodity lending, Tether CEO Paolo Ardoino stated that the liquidity pool reserved by Tether Investments for raw material trade financing could grow to between $3 billion and $5 billion by 2026. In an interview this week, he revealed that Tether Investments plans to provide capital loans to commodity brokers and earn interest from temporary financing. Ardoino said, "This is a way to provide partner liquidity for an industry that is always thirsty for liquidity," adding that Tether Investments has already started cooperating with some of the largest commodity traders in the industry. For privacy reasons, this Tether executive refused to disclose any names of trading companies. When asked about Tether's interest in commodities, Ardoino stated that it makes sense to facilitate transactions because USDT is particularly popular among users in emerging markets and developing countries where commodity sales are a major driver of the economy. He also expressed particular interest on behalf of Tether in helping finance oil, natural gas and gold trades.
